Monday, September 18, 2017

The Canada Pension Promise

I would hope by now you are happy with the Liberal plan, in Budget 2016 and 2017, to eliminate poverty with an increase to the Canada Pension Plan. (CPP)

In a nutshell the CPP is made up of several plans all in one or nothing at all:

  • Canada Pension Plan for those who contributed

  • Old Age Security

  • Guaranteed Income Supplement

  • Provincial Benefit Plans
Your Investments reduce all of the above as punishment for thinking ahead. You get to pay taxes on the interest and pay taxes a second time when your withdraw money. On top of those insults your CPP+ benefits decrease. Company Pension Plans can reduce or eliminate most of the above.

If you worked for the government at any level, you need not worry, since those wealthy pensions are funded by the taxpayer.

The word poverty is used 13 times in the 271 page edition of Budget. Three times when mentioning seniors in Canada. The same people who worked and find themselves facing a convoluted pension plan after 60 plus years.

Anyone who worked had best prepare yourself for the usual $7.00 per month pension increase in July. In fact, their was a one-time increase of $72.00 in July, 2017 and it disappeared the following month. Most did receive $5.76 as a monthly increase based on someone's idea of inflation. The inflation rate does not include food, transportation or rental increases except for Member's of Parliament and the ever more useless unelected Senate in Canada.

Examples of a large increase, used in Budget 2016-17, were meant to get you excited. The empire of bureaucracies is hoping the thrill will eliminate payments due to heart attacks.


Yet another meaningless promise to the millions of seniors in poverty from the Liberal government under Justin Trudeau

Canada signed onto the Millennium Poverty Goals at the United Nations. Sadly reports in Canada base the poverty line on the Low Income Cutoff or LIM. Statistics Canada has made it very clear LIM is not a measure of poverty in Canada. The second false premise about poverty is the use of Line 150 on the Income Tax Return. Total Income on Line 150 includes  non-taxable supplements.

Poverty and low-income should be using Total Taxable Income on Line 260.

We do need concerned politicians who are willing to understand low-income and poverty for every Canadian

Wednesday, August 16, 2017

Premier Rachel Notely Outstanding Work

What began as a small wildfire on May 2, 2016 became nature's rage of fury. Premier Notely showed every Albertan how to handle an emergency. The probability of getting every person out of Fort McMurray to safety was a daunting task. One four lane highway southbound could have easily turned into a big tragedy. Up to 90,000 people needed to evacuate Fort McMurray as orderly as possible. They drove south with the wildfire roaring along the highway.

Premier Notely worked with her administration in conjunction with individuals, police, fire fighters and industry to ensure the safety of evacuating residents. 1000s of videos along with photos made their way to broadcasters and social networks. It appeared as though the Premier was giving updates every hour.

Her request was simple; "everyone needs to work together" and together cities large and small did it. People volunteered their time to set up temporary facilities and coordinate the incoming donations of food, clothing and places to sleep. The province of Alberta became a beehive of activity with everyone working together.

"The wildfires ravaging Canada’s oil hub in northern Alberta have rapidly spread to an area bigger than New York city, prompting the air lift of more than 8,000 evacuees as firefighters seek to salvage critical infrastructure."

Global Edmonton reporter Fletcher Kent, was reporting on the Fort McMurray wildfire, at times having to run from his assignment. Fletcher shares his experience covering the story and the incredible generosity of those in Fort McMurray.

As the wildfire continued to grow Premier Notely put in place funds to assist the people of Fort McMurray in every way possible. With the economy of Alberta already facing a downturn due to low oil and gas prices the "Tory old boys club" were busy making snarky comments. For most I commented back with "you  had 40 years now get out of the way".

Premier Notely continued with the updates giving information of value to everyone dealing with the wildfire. She was doing exactly what a leader should do.

Fire fighters continue to do a street by street sweep ensuing all fires are extinguished. Today some equipment is heading north to do repair work in Fort McMurray. The RCMP are ensuring only registered company vehicles are allowed into the area. They are protecting the property belonging to the residents.

The line ups were long as the emergency funding was released to the Fort McMurray residents.

Rachel Notely we can safely say Albertans made a wise choice by voting to have you as our Premier.

Thursday, June 22, 2017

The Word You are Seeking is Equality



The age of Empire ended with the decline of the Roman Empire between 400 to 700 C.E. (Common Era)

The vast trade routes of Rome extended to China, India, Africa and Europe. An Empire expands into unknown territories and the Roman Empire did for more than a 1500 years.

"There was but one Rome: no other city,  either of ancient or modern times, has ever rivaled this astonishing metropolis in the grandeur of magnitude; and not many—if we except the cities of Greece, none at all—in the grandeur of architectural display.

Among empires: the Persians, Spanish, French and British cannot but be admired as prodigious growths out of so small a stem. There was but one Rome: no other city, as we are satisfied by the collation of many facts, either of ancient or modern times, has ever rivaled Rome. The earth had its prerogative city and that city was Rome.

Power is measured by resistance. Upon such a scale, if it were applied with skill, the relations of greatness in Rome to the greatest of all that has gone before her, and has yet come after her, would first be adequately revealed. Since that era no land, no part and parcel of the Roman empire, has ever risen into strength and opulence, except where unusual artificial industry has availed to counteract the tendencies of nature." Thomas de Quincey

How is Your World?

Do you wonder how long it will take for the populist media to mention unemployment or under-employment? Did you receive an increase in pay from your employer during the past two years? Have you noticed how the food industry has reduced the size of the package and increased the cost of food?

When the media writes a story about food or price increases they use the term average price. Average is taking all of the prices over a time frame and dividing it. Only the median price or cost lets you see how many dollars are removed from your budget to cover the increase. It is deceit on the part of the media to leave out the details.

The Truth is in the Wording

Some believe we are in an age of information made simple with electronic devices. I would agree we have improved on a rapidly moving technology. How many people look at their mobile device and think of it as a hand-held computer? Here is the result of a search for the most favored apps being used from the Google Play store.



It doesn't appear as though many people are using a dictionary in that group. We certainly have no desire to ruin their day by teaching them to understand the meaning of words. Let's look at another group from Google Play rated as the most used apps.

popsocial-1

This group definitely sees no need to learn how to spell or understand composition. Say what you want to say in a myriad of characters and gain fans, friends and followers. Whatever you do keep it short and use one syllable words since very few people read or know how to read an article. The trick to raising your totals on most of these most used website apps is by posting a nude or semi-nude photo.

When you get into an argument with a know-it-all you can get rid of the person with a quick photo such as the one below. The person in this case retorted with "that's not Moscow..!!" For over 15 years and counting Russia bolted forward while the populist media kept silent. Moscow became a financial hub bringing with it good paying employment, massive reconstruction, a space program second to no one and a rising middle class.

Moscow in 2017


The sanctions placed on Russia go far beyond the Ukraine or Crimea. They were meant to slow down the billions of dollars flowing into Russia as a sound investment. There was a slight pause by investors for almost three or so months.

The Facts Please

Let's be reasonable with the knowledge the cold war ended when the Berlin Wall came tumbling down in 1989. Followed closely by the wall in Berlin the USSR (Union of Soviet Socialist Republics) began to unravel. Each of the former states within the USSR, including Russia, began to feel freedom for the first time since 1917. (some countries were pulled into the Soviet sphere after WW II)



As the communist Soviet Union came undone I was happy there were no longer Russian boggy men waiting to take my life. Now as the years pass I realize it was all a fabrication of lies to instill fear rather than peace in my life. For whatever reason, the US-led NATO need an enemy to create a society for the very wealthy. As for the rest of us there are food banks, poverty, food kitchens, drugs and some food stamps.

We are not Equal in the Eyes of the Wealthiest

This article began by saying a few words about the Roman Empire. Seldom seen in the movies or documentaries are the lives of the slaves. We see the brave Senators while hearing the words of the largest land owners. They are in fact the same people. Rome was built on the backs of the slaves in the same way many western nations were built. A woman had no rights being considered unequal in the eyes of the men who wrote the rules. Simply read the biblical words men wrote on how a proper slave may be worthy of salvation. Why do you allow anyone to fill you with fear by placing themselves in the lofty position over you?

The media moguls should know, when the cold war ended, the so-called leader of the free world vanished too. Isn't it odd the media repeats the free world lie while articles about our environment disappear? Follow the money trail whenever you read, listen to, or watch their trail of fear, lies and lack of imagination.

Enjoy Life

"The international community should have learned from the past lessons. The historical parallels in this case are undeniable. Unwillingness to join forces against Nazism in the 20th century cost us millions of lives in the bloodiest world war in human history. If they expected a nervous or hysterical reaction from us, if they wanted to see us become a danger to ourselves as much as to the world, they won’t get it. They won’t get any response meant for show or even for immediate political gain. They won’t get it.."  Vladimir Putin Dec. 2, 2016


Thank you for the Music - Freddie was our Friend too. 

Red Army Choir - The Show Must go On (Queen Cover)




Friday, June 9, 2017

Tips for Filing Tax Returns in Canada

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Just when you thought you were off the hook it is time to send in your Tax Returns to the Federal Government. Yes you have paid taxes on everything from a light bulb to a USB drive all year so why more?

Someone has to pay for the 1.7 million Canadian bureaucrats, their health care, their days off and their pensions. Can you remember the last time you called the Canadian government and talked to someone in Canada's two official languages French and English? You will have a better chance by calling from 7 a.m. ET to 3 p.m Pacific Time. I am not suggesting you call ET although you would have more fun trying. ET is Eastern Time plus 30 minutes in Newfoundland.

Electronic Filing via Internet

It is the fastest method to get it over with quickly. Faster when you have an online account with Canada Revenue Agency (CRA). Someone told me a few days ago there are more than 3 billion people using the Internet. Yet 20% of the highly Canadian techno savvy population know how to set up an account with CRA. Your account gives you a way to get all of your T slips or reassess an Income Tax Return. Plus look over information regarding CPP, OAS and other benefits. Factually speaking they are not benefits since the money comes from your contributions to various plans such as an RRSP. Hyperlinks above will take you to the CRA website where you can set up your account.

Deadline to Remember

Canada Revenue Agency set April 30, 2017 as deadline for filing your 2016 tax return. Your employer has until the end of February to hand over T slips. If you worked more than one job then call the employer(s) for the T-4 slip(s). There are several billion dollars of unclaimed amounts being held by CRA due to people not filing an Income Tax Return. Last year I completed a return for a 30-year-old who had not filed in 6 years. He was delightfully silly when the money owed to him arrived. If you had deductions, and most do have them, file your Return. It is your money.

Ways to File and Income Tax Return

Electronic filing with CRA approved software is the best method ever. Here is a list of the software approved to date. Some are free for low-income earners below $30,000.00 for a single person and $45,000.00 for a couple. My non-sponsored recommendation for those who have a simple return is UFile 2016. It should be called Income Tax for Dummies because it is so easy to use. (Place name here ... Address here...)

Many other software programs are listed and some require more computer skill. Often times you can also get a discount via the CRA website from the software developer.

Paper Filing

Paper tax returns can be found around the Post Office or Federal government locations such as Service Canada and CRA of course. You require pencils, pencil sharper, paper and lots of patience. The paper manual included with the kit will give your brain a good workout. Last time I had to use paper returns was for a lovely lady who failed to do any tax returns during the previous ten years.

Community Volunteer Income Tax Program

It was initially started in Quebec and Ontario to find out if there was a need for a volunteer program. They were swamped and CVTIP became a national way for Canadians on low incomes to have their taxes prepared and filed with CRA. The low-income markers are slightly different from one volunteer group to another. The CRA guideline is $35,000.00 per individual and $45,000.00 per couple. CVITP does not include those with T-5 financial resources over the amounts stated nor self-employed persons.

The volunteers across Canada assisted people on low incomes by preparing and filed close to 750,000 Income Tax Returns in 2016. We expect a sharp increase this year. Look over this link to find a volunteer group in your town or city. Bring your T slips and make an appointment where it is applicable. Every person involved goes through a clearance process with CRA and police clearance. A copy of the return is printed for you and none of the volunteers or local groups keep your returns on file. If you require a special need or assistance with language ask before you arrive.

A Few Additional Notes

Anyone collecting a pension, a disability allowance or additional funding need to file an income tax return. If you do not file a return your pension or any funding will be cut off in July. This includes GST rebates from July 2017 onward until the return if filed.

Seniors will only receive the CPP amount when the return is not filed by the April deadline. Let us pretend you are receiving $1600.00 a month pension plus the other allowances. Those allowances are the part of the pension you will not receive after July. Your July pension will be reduced to $400.00 +/- a month. I have volunteered doing taxes for a few decades and it is heart breaking to see an 80-year-old in tears. For those reading this please do whatever is possible to ensure the elders in your family get their returns done on time. Provincial benefits as low as they are will also stop.

The current Federal government has introduced some of what they call poverty reduction into tax system. As I see it through the tax returns it is more than likely going to toss a few 100 thousand people out of their homes. This poverty reduction tax plan has a gaping hole in it someone forgot to research.

Most housing subsidy programs in Canada ask for the amount on Line 150 or Line 236 of your income tax form when applying. Line 150 is your total income and includes any current subsidies and Line 236 is the adjusted amount. These two lines are usually the same amount of dollars. The Federal government is going to increase the amounts on Line 150 and thus Line 236. It will put low-income earners in a higher artificial income bracket and disallow them Local or Provincial Housing assistance.

They claim there will be a decrease in poverty. It will be followed up by a massive increase in homelessness. It is more akin to a double negative balance found in most oligarchies.

Fraudulent Emails and Phone Calls

Best to put a hyperlink to the lastest scams being used in Canada. A few minutes of your time will make you aware of scams via phone, text messages, email, online and telemarketing.